In-Force Rate Action Announcement: North Carolina (PCS I)

March 13, 2019 | by | Comments Off on In-Force Rate Action Announcement: North Carolina (PCS I)

As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. North Carolina has now allowed the following increases: North Carolina Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS I 95.31% phased 25%, 25%, 25% cumulative 95.31% phased 25%, 25%, 25% cumulative       This rate increase applies to non-AARP, non-partnership policies for policies issued before 2/1/2003. Communications Timeline Servicing agents will receive a list of their
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Categories: Genworth, Industry News, and Long-Term Care.

Our Term Upsell Program Gives You New Opportunities

March 13, 2019 | by | Comments Off on Our Term Upsell Program Gives You New Opportunities

Oftentimes, clients will select their term coverage level based on their budget, even if they may actually have a need for more coverage. If you have a client who gets approved better than applied for, this is the perfect time to use the Term Life Answers Upsell Program since they can potentially get more coverage and still be within their budget. Agents who are consistently talking to their client about the upsell offer have found great success. Since we started offering the upsell opportunities, we’ve had a 15 percent acceptance rate with the average increase being just over $275,000 per
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Help Your IUL Clients Prepare for Their Annual Statements

March 13, 2019 | by | Comments Off on Help Your IUL Clients Prepare for Their Annual Statements

An important part of selling an IUL policy is helping your clients prepare for what to expect when they receive their annual statement. Preparing your clients in advance will hopefully result in fewer unanswered questions when they reach their policy anniversary. We have provided the answers to a few of the questions clients typically have on their first annual statement. If the index increased, why am I not seeing any index interest credits? For life insurance policies, annual statements must be created the day prior to the anniversary date. On an IUL, index interest is not credited until the segment
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

March 13, 2019 | by | Comments Off on Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming Med supp rate adjustments in AZ, AL, CO, MD, MS, NM, OR, SD, and TN.   Upcoming Med Supp Rate Adjustments Please view the upcoming Med supp rate adjustments in AL, MS, NJ, TN and UT.   Med Supp Modernized Rate Release Please view the Modernized Rate Release in KY, NV and UT.   CMS Has Mailed All New Medicare Cards! The Center for Medicaid and Medicare Services (CMS) states that all new cards have been mailed to individuals with Medicare.   Med Supp Conference Discount During March and
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

LTC13 New York Issue Age Notice

March 13, 2019 | by | Comments Off on LTC13 New York Issue Age Notice

Effective March 1, 2019, the maximum issue age for LTC13 in the state of New York is age 75. Any application received on or after March 1, 2019, with the client over the age of 75, will be ineligible for coverage. This change impacts New York only. Other states will not be affected. Mutual of Omaha’s LTC portfolio is very competitive with product pricing, built-in benefits and optional features, enabling you to easily tailor a plan which protects your client’s financial future. If you have any questions or want to learn more about our long-term care solutions, please reach out
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Critical Advantage℠ Has Coverage for the Whole Family

March 13, 2019 | by | Comments Off on Critical Advantage℠ Has Coverage for the Whole Family

Almost everyone knows someone who has had one of the covered conditions in the Critical Advantage portfolio. Unfortunately, many of those people may be family members. All the products in the Critical Advantage portfolio offer individual, individual plus children and family coverage. Family coverage includes your client’s partner and all dependents who are under age 26. Either partner can be the primary insured on a family policy, but the premium is based on the oldest insured. Children are eligible for a maximum amount of coverage of $50,000 each and the premium is the same regardless of the number of children
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

For your older clients — life insurance with guaranteed acceptance

March 13, 2019 | by | Comments Off on For your older clients — life insurance with guaranteed acceptance

Gerber Life Guaranteed Life At Gerber Life, our Guaranteed Life insurance policy makes providing peace of mind to families simple. It enables your clients to obtain up to $25,0001 in coverage to pay their final expenses — and it comes with an added advantage. Acceptance is guaranteed, regardless of health. WHY YOUR CLIENTS SHOULD CONSIDER COVERING FINAL EXPENSES WITH GERBER LIFE As a reminder, we created Gerber Life’s Guaranteed Life for clients between 50 and 80 years old who are looking for insurance to cover their final expenses, whether as a late entry to life insurance, or to help offset
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Categories: Gerber Life, Industry News, and Life Insurance.

OneAmerica Pending Policy Update

March 13, 2019 | by | Comments Off on OneAmerica Pending Policy Update

“From” address changing on OneAmerica® pending policy emails On Friday, March 8, we’re changing the “from” address for pending business status and underwriting status emails. The new “from” address will be an unmonitored email account at OACaseManagement@oneamerica.com. This change will ensure compatibility with Office 365. If you’ve set up mailbox rules to filter these emails by the “from” address, you’ll need to modify the mailbox rules by Thursday, March 7.   Questions? Contact OneAmerica’s Field Tech Support team with questions at fieldtechsupport.ind@oneamerica.com.   OneAmerica Pending Policy Update   #goldencareagent #oneamerica
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

A new life insurance plan that can last a lifetime for adults from Gerber Life

March 13, 2019 | by | Comments Off on A new life insurance plan that can last a lifetime for adults from Gerber Life

Consider Gerber Life’s New Permanent Whole Life Insurance Policy Options Gerber Life’s Whole Life and Simplified Senior Life policies provide permanent life insurance protection that come with guarantees,1 simplicity and an easy buying experience for your clients. Take a look at how we compare to universal life policies and you’ll see very quickly that Gerber Life’s Whole Life and Simplified Senior Life policies check all the boxes. Questions? Contact your GoldenCare Regional Director at 800-842-7799!   1  The products offer guaranteed premiums (which are guaranteed not to increase for the life of the policy), guaranteed cash value, and guaranteed benefits
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Categories: Gerber Life, Industry News, and Life Insurance.

Advantage Plus Fillable Postcard Now Available!

March 13, 2019 | by | Comments Off on Advantage Plus Fillable Postcard Now Available!

GTL gives you the tools you need to sell! Download GTL’s NEW Advantage Plus® postcard, type in your and your client’s information, print if off, and you now have another way of easily reaching out to your clients! DOWNLOAD FILLABLE POSTCARD It doesn’t get much easier… just type, print and mail!   Advantage Plus Fillable Postcard Now Available!   #goldencareagent #gtl #hip
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Categories: Guarantee Trust Life, Hospital Indemnity Plan, and Industry News.